December 6, 2016

Bank holidays in India are declared under the NI Act. In India, public holiday which is declared specifically for banks/financial institutions are classified under the Negotiable Instrument (NI) Act. So, all public holidays are not necessary be bank holiday in different states.

Bank Holidays As Notified By IBA / RBI under Negotiable Instruments Act for the Year 2017 for Different States in India:

Bank holidays in India are declared under the NI Act. In India, public holiday which is declared specifically for banks/financial institutions are classified under the Negotiable Instrument (NI) Act. So, all public holidays are not necessary be bank holiday in different states.